The assignment problem (AP) is a discrete and combinatorial problem where agents are assigned to perform tasks for efficiency maximization or cost (time) minimization. AP is a part of human resource project management (HRPM). The AP optimization model, with deterministic parameters describing...

This article presents algorithms for solving a special case of the vehicle routing problem (VRP).We define our proposed problem of a special VRP case as a combination of two hard problems: the generalized assignment and the vehicle routing problem. The different evolution (DE) algorithm is used...

We proposed and created a methodology to solve a real-world problem, which is a special case of the generalized assignment problem. The problem consists of assigning drivers to harvesters, which will then be assigned to harvest sugarcane in order to maximize daily profit. A set of drivers have...

This short paper use the perspective of the assignment problem to examine the evolution of the workings of monetary policy and the Monetary Policy Committee (MPC) of the Bank of England over its first 25 years. It outlines how the Bank, and the MPC, came across additional possible objectives and...

We use a two-issue bargaining model with asymmetric information to study agent choice of how to structure bargaining. We uncover the settings in which different agenda structures are chosen in equilibrium, how the order in which issues are bargained over matters, and what impact the rules for...

The nodes of an extensive-form game are commonly specified as sequences of actions. Rubinstein calls such nodes histories. We find that this sequential notation is superfluous in the sense that nodes can also be specified as sets of actions. The only cost of doing so is to rule out games with...

The theory of international environmental agreements overwhelmingly assumes that governments engage as unitary agents. Each government makes choices based on benefits and costs that are simple national aggregates, and similarly on a single set of national-level motivations, together drawing a...

To explain the strategic dimension in pricing options, it will be helpful to go back to the heart of the idea behind the concept of an option: options open up the possibility to postpone current decisions to a future point of time. Because of this flexibility additional information and new...

We present, for the first time, a model of recent institutional developments in litigation funding across several European jurisdictions. Recognizing the financing constraints that British cost rules may impose on litigants, these new contractual arrangements combine contingency fees with third...